This refers to ‘Oracle cuts 12,000 India jobs in global AI-led restructuring drive’ (April 2). Such large-scale lay-offs not only affect the individuals concerned but also have far-reaching consequences for the economy and society as a whole. For employees this brings financial instability, emotional stress and uncertainty about the future. While there is no doubt that companies must adapt to changing market conditions, it is equally important to consider humane options such as reskilling, internal transfers or phased change.
Bal Govind
Noida
This refers to ‘FY27 set to be a difficult one for the economy’ (April 2). The year may begin with some uncertainty due to rising oil prices and supply risks. India’s high oil imports can influence trade and current account balances. Higher fuel costs can raise inflation and may affect growth in some sectors. The government and the RBI may focus on demand management, targeted support, and reducing oil dependence for steady progress.
S Balasubramaniyan
Villupuram, TN
The recent decline in the value of the rupee against the dollar is a cause for concern. While the RBI has imposed a cap on the foreign exchange positions of banks to limit pressure on the rupee and smoothen excessive volatility, it should avoid defending any particular level. Allowing the exchange rate to function as a shock absorber would be a more effective approach.
M Jeyaram
Sholavandan, TN
This refers to ‘FinMin notifies custom duty relief on SEZ goods sold domestically’ (April 2). The Finance Ministry’s decision is a pragmatic response to genuine capacity utilisation concerns triggered by global trade disruptions. Keeping manufacturing units idle during an export slowdown helps nobody. That said, experts are right in flagging the limitations — absence of IGST relief and the 20 per cent value addition requirement. A broader review of SEZ policy would serve exporters and the economy more durably.
M Barathi
Bengaluru
Published on April 2, 2026
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